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  • 🚀 Animoca to Tokenize on Republic, SocGen's Tapping DeFi with Morpho & Uniswap

🚀 Animoca to Tokenize on Republic, SocGen's Tapping DeFi with Morpho & Uniswap

Your Mid-Week Security Token Digest

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Welcome to your Wednesday RWA breakdown ☀️ We have two captivating topics for you to dive into:

1️⃣ 🤝 Animoca Brands to Tokenize via Republic, INX Acquisition to Complete

2️⃣ 👀 SocGen’s Tapping into DeFi: Stablecoins on Morpho and Uniswap, Personnel Update

Without further ado, it's time to…

Get Liquid 💧

Your First Captivating Topic of the Week

🤝 Animoca Brands to Tokenize via Republic, INX Acquisition to Complete

What better way to reenforce your conviction in tokenization than tokenizing yourself? That’s right, Animoca Brands has been very good at investing in others (600+ including Yuga Labs, Axie Infinity, Polygon, and Consensys) and powering some really cool initiatives but today we found out their own equity will also be coming onchain. Working with Republic for this offering, Animoca is looking to expand their investor base and provide better liquidity options rather than the current OTC.

Liquidity? Isn’t Republic just where they raise the money? Yes AND their INX acquisition is finally about to complete next week meaning this alternative trading system (ATS) will likely be where Animoca’s equity will trade. This is an acquisition that’s been delayed time and time again so I’m sure INX token holders are ecstatic to finally close this chapter. Are you one of them? Heads up trading will be halted on October 9th at 7am ET for about an hour while they take the snapshot, where holders of record will get their pro-rata distribution of the cash reserve fund (~$34M).

What a spike from the acquisition closing news!

Back to Animoca Brands, you may have heard of them back in August as they partnered with ProvLabs (now rebranded to Nu) to power the NUVA vault marketplace. This is where investors will be able to lend against Figure’s YLDS and HELOCs, among other assets to come. The Hong Kong-based builder also partnered with Standard Charted earlier this year to bring their HKD stablecoin to market, with an emphasis on crypto-native opportunities and use cases. These are just a couple RWA-specific examples although they’ve also built in the metaverse, help set up node operations, and other services.

It’ll be interesting to see how much interest the web3 infrastructure provider and investor brings to their offering. Of course I’d expect there to be some sort of innovative component given their unique expertise, Republic’s new infrastructure, and the fact that they’re tokenizing on Solana (AKA a retail audience). As per usual, this is not investment or legal advice - do your own research!

This is not financial advice.

RWA Foundation & WALLY DAO Updates

The RWA Foundation introduced the RWA Pod as “A permissionless way for anyone to support RWAs using crypto with multiple RWA project tokens as yield.”

In partnership with PERQ, the RWA Pod allows you to deposit ETH, USDC, ARB, and S/ Sonic. Participants will receive tokens on multiple blockchain protocols related to RWA projects that the RWA Foundation has qualified and selected as Founding Members.

What’s the update this week? What’s the RWA Pod TVL? Hear directly from your RWA Pod Host Ray Buckton!

Interested in watching the interviews? They’re now available on X and on YouTube, go ahead and check them out 👇!

Your Second Captivating Topic of the Week

👀 SocGen’s Tapping into DeFi: Stablecoins on Morpho and Uniswap, Personnel Update

Animoca Brands isn’t the only one looking to tap a new audience, Société Générale (SocGen) is targeting crypto natives for their CoinVertible stablecoins (in both Euros and US Dollars) through new partnerships with Morpho, Uniswap, Spiko, and others.

Taking a step back, their SG-FORGE subsidiary has been testing great use cases for years with an emphasis on bond tokenization. What started as simply tokenizing the asset evolved to offerings settling in stablecoins and other features. This $10.8M green bond from 2023, for example, settled in the EUR CoinVertible but also gave investors visibility into the carbon footprint linked to the bond. Pretty cool and can evolve to more complexity over time!

A couple years later we have them expanding the EUR CoinVertible to have a USD counterpart and making them both available to retail, crypto-native users on platforms they’re familiar with.

Frictionless onboarding on Uniswap, with Flowdesk as market maker

It doesn’t stop at just getting access to the token but what do you do with it? Well the theme of the year is vaults!

The French financial services provider tapped Morpho to set one up, with help from MEV Capital as the curator. This gives users a venue to borrow and lend USDCV and EURCV against blue chip cryptos like BTC and ETH but also regulated assets like Spiko’s tokenized money market funds USTBL and EUTBL.

Separately, Thomas Sullivan is transitioning from his work at SocGen to now being Managing Director of Digital Assets at DTCC - a big congratulations to him, we’re excited to see what he helps bring to market next!

This is not financial advice.

💦 What else is Drippin’

Security Token Show Ends with 300 Episodes!

Check out the latest and final episode of the Security Token Show as well as the full catalog on Youtube, Spotify, Apple Podcasts & Google Podcasts.

Reports

RWA Tokenization: Key Trends and 2025 Market Outlook

Check out a report we contributed to: RWA Tokenization: Key Trends and 2025 Market Outlook. Led by Brickken, this report brings multiple parties together in diving into tokenization, with STM.co supporting with both data and some of the written sections.

What’s Inside?

A Breakdown of Tokenization and Related Benefits
Key advantages for issuers, investors, and institutions
How the market is evolving and trends shaping adoption in 2025
What’s next? Expert insights on regulation, DeFi integration, institutional involvement, and market growth

STM’s RWA Market Prediction for 2030

STM.co is proud to release a thorough report on our prediction on the tokenized real world asset market growth. This report explores the variety of opportunities within each asset class to capture value on-chain.

Tokenization can be applied to just about any object and asset type. Art, carbon credits, life insurance, and other sub $5 trillion asset classes weren’t even considered in estimates.

In order for STM to derive its 2030 market predictions, the following asset classes were evaluated: currency, M2/M3, real estate, commodities, public equities, private companies and funds, bonds, credit and lending markets.

This is not financial or investment advice.

Everything in this newsletter is for informational and entertainment purposes only. Nothing in this report should be taken as financial advice or as an inducement to purchase or sell any security. Nothing in this newsletter should be used as legal advice. Always do your own research before making any decisions regarding financial transactions of securities.